Does Walmart Have Layaway

Does Walmart Have Layaway

Walmart – What is it doing instead of Layaway?

Walmart has switched to the Buy Now, Pay Later plan. Affirm was the partner in this new plan. Affirm, a credit or loan company, helps customers shop at their favourite stores while paying later on a monthly payment plan.

With the new Walmart BNPL plan, customers can now purchase, walk away with items and pay back within 3 to 24 months with no interest or hidden fees attached. The new plan is a twist on the traditional layaway plan, where the last payment must be made before your item can be taken away.

The new BNPL plan does not cover all products or purchases. To be eligible for the BNPL, you will need to fulfill the following requirements (for more information see the later sections).

Walmart Layaway: How Does It Work? And What Is The Time Limit?

Customers can bring the item they want to purchase to a Layaway counter.

You can get a Layaway account at Walmart without paying a fee. You only need to put down 10% or $10 (whichever is low). A layaway is a payment option that allows you to make purchases over time. It usually offers a discount on your purchase, and the store has a lot of control over how the payments are made. For example, they can require payment before you take possession of the items you buy.

Walmart offers easy and affordable monthly payments through flexible installment plans. With the help of the credit card app Affirm, you can now buy now & pay later with 3 months, 6 months, or 12-months installment plans.

Does Walmart Have Layaway

Layaway in Walmart: What are the Benefits?

Layaway allows customers to pay over time with the last cost being paid at purchase. This is often used to purchase large items such as furniture and appliances.

Layaway allows customers to spread their payment and save more money. They can also avoid interest charges on their credit cards or other forms of debt financing by using layaway.

The layaway service has been around for many decades, and it has seen some changes over the years. Layaway has seen a shift with the advent of lay-by. This allows customers to spread out the cost of their purchase over time.

Layaway has many benefits:

Save money on things that you don’t have the budget for

You can pay for the purchase with no credit card balance for many months.

– Receiving a discount on the purchase price if you pay off the purchase before it expires


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Walmart customer service confirmed the information on September 21, 2021. No stores in the U.S. will be offering layaway according to the employee. In addition, the layaway section of the Walmart website has been removed.

In past years, Walmart offered the layaway program from late August through mid-December. Customers could put items on hold with a small deposit, and then make regular payments until the total was paid off. At that point, the products could be picked up from the store. There was no interest charged on the products.

We’ve gained a lot of knowledge over the last year, as customers’ shopping preferences and needs have changed. Last holiday season, we removed seasonal layaway from most of our stores with the exception of select jewelry items at select stores, and based on what we learned, we are confident that our payment options provide the right solutions for our customers,” the store said in a statement shared by Fox8 in Cleveland.

This year, the company is offering a monthly “buy now, pay later” finance payment option through Affirm.

Walmart describes it as an “alternative for layaway”. It allows you to buy the item instantly and pay off it over 3 to 24 month. But it is important to note that, unlike layaway, there is a finance charge with Affirm. Depending on your credit score, the APR rate for most items will range between 10% to 30%. There are some promotional 0% APR items available as well.

Electronics and Video Games are all eligible to be Affirmed.

Affirm doesn’t charge any late fees, prepayment fees or annual fees for opening or closing your Affirm accounts.

Does Walmart Have Layaway

Is Walmart Layaway Available For All Purchases?

Walmart Layaway can be a great payment method for those who want to purchase expensive goods. However, many people are unsure if Walmart Layaway is available for all purchases.

Walmart Layaway can only be used for in-store purchase. It cannot be used for online orders. You can however use it for online orders through Affirm’s installment plans.

Affirm offers a variety of installment plans that are perfect for online purchases.

With Affirm, you can break up your purchase into monthly payments and have the item shipped right to your door. This makes it easy to buy the things you want, even if you don’t have the entire amount saved up.

Walmart Layaway: What can you do?

Walmart offers Layaway and Affirm installment plans to help customers pay for their products. Below is a listing of products you can Layaway at Walmart.

  • Clothing
  • Toys
  • Electronics
  • Furniture
  • Appliances

Layaway is subject to certain restrictions. For example, firearms and ammunition cannot be placed on Layaway. Check the Walmart website or contact a customer service representative to find out if your product qualifies.

With an Affirm installment plan, you can instantly get approved for a loan and spread your payments over 3, 6, or 12 months. It makes it simple to purchase products such as:

  • Laptops
  • Televisions
  • Jewellery
  • Wedding dresses
  • Carpets

You can also choose the payment plan that suits you best with Affirm. You can choose to pay more each month to get the product sooner or choose a more extended payment plan and pay less each month. You can choose to pay more each month or a longer payment plan and still make less.

Does Walmart Have Layaway

Is Buy Now, Pay Later A Credit Card?

The program sits in an awkward place between a credit card and a store credit system. Affirm is the partner that made this program possible. Affirm is a credit card company that claims to be on the side of the consumer to prevent the accumulation of debt.

However, through their collaboration with Walmart, they are offering consumers a loan, rather than a credit card. To be able to use Affirm, customers must apply, which Walmart makes clear will not impact one’s credit score. During the application process, Affirm will let you know if you qualify for the promotion “0% APR.” However, consumers should be warned that many may see an APR between 10-30%.

This means that your purchases using Affirm will accumulate interest, which you will be on the hook to cover in addition to the principal. Only purchases of $144 to $2,000 can be eligible for Affirm.

If you choose Affirm at checkout, the company will match you with a lender willing to cover the price of the purchase. Walmart assured customers that they will only charge you the total amount of interest when you pay.

A customer could lose credit if they fail to repay the loan on the due date determined by Affirm.

Layaway: What is it and when can you get it at Walmart?

Layaway, a term used in retail, refers to the process of buying and storing an item. In layaway, consumers pay in installments using credit cards to cover their full purchase.

Layaway is a standard retail process where consumers put down a deposit on items they want to buy; the store keeps the item in their possession until the consumer has funds to pay for them.

Walmart offers holiday layaway plans starting at 28 August and ending at 14 December. Layaway services are available at a few Walmart locations. Walmart Layaway cannot be used online. This is for purchases made in stores only.

Does Walmart Have Layaway

What are the requirements to be eligible for Affirmation at Walmart?

You must make purchases of $144-$2000 to be eligible for Affirm Walmart’s BNPL Plan. You can choose from the following categories and then pay later.

  • Electronics: Laptops, TVs, iPhones, video game consoles & accessories, etc.
  • Home furniture & improvement tools
  • Sports & outdoor gear
  • Children toys
  • Baby accessories/ electronics
  • Clothing/apparels & jewelry

Any item outside these categories are ineligible for Affirm financing. So you can’t buy medications, groceries, and even liquor to pay later. These items are also not available for Affirm financing.

  • Tobacco & cigarettes
  • Wireless services plan
  • Baby consumables
  • Pet supplies
  • Gas
  • Weapons & accessories

Click here to learn more or register if you are unsure if you have the right qualifications.

Does Walmart Still Have Layaway 2022?

For purchases between $50 and $100, Walmart offers layaway from August 28-December 14 as well as installment payment plans available throughout 2022. Affirm offers payment plans from three to 24 months for purchases over $2,000 made through Affirm.

Does Walmart Have Layaway

Final Thoughts

Walmart Layaway is a great way to budget for big purchases. With no opening fee and a low minimum purchase, it’s easy to get started. Keep in mind that there are some restrictions on what items you can put on Layaway. Check the Walmart website or contact a customer service representative to find out if your product qualifies.

No matter how you choose to pay for your purchase, Walmart makes it easy to get the products you need.

Is there a Walmart Layaway Exclusion?

There are some exclusions to Walmart’s Layaway plan. Some restrictions are:

  • Store-specific restrictions may apply.

Does Walmart Have Layaway

What Types Of Products Can Be Paid For With Affirm?

  • Electronics
  • Video Games
  • Toys
  • Home
  • Arts & Crafts
  • Music Instruments
  • Renovations to your home
  • Auto
  • Sports & Outdoors
  • Tools
  • Baby
  • Jewelry
  • Apparel

On their website, the company states, “alternative to layaway, you can purchase immediately and pay over time at a pace you choose–from 3 to 24 months.”

Does Walmart Offer Layaway Payment Plans?

Walmart does not offer a year-round layaway, but it offers installment financing options through Affirm, which allows you to split your purchase into smaller monthly payments.

Does Walmart Have Layaway

What Apr Does Walmart Charge On Affirm?

The APR that Walmart charges depend on several factors, including the customer’s credit score. However, sometimes Walmart offers a 0% APR special. The APR appears in the Affirm app while customers are checking out.

For more information about Walmart’s APR, please contact their customer service team.

Does Walmart Have Layaway?

Walmart provides Layaway on purchases over $50 between August 28 and December 14. As of 2022, you can sign up through Affirm for monthly installment plans. Affirm offers payment plans that range from 3 to 24 months to purchase up to $2,000 Also, Affirm’s APRs range from 0-30%, depending on your credit and time of year.

Does Walmart Have Layaway

Are There Layaway Charges at Walmart?

The layaway application does not require any upfront or flat fees. However, a deposit is necessary to complete the process.

Non-eligible Products

Affirm will not finance purchases such as consumables and services in-store.

  • Alcohol
  • Consumable baby products (such as baby food)
  • Petroleum
  • Groceries/food
  • Well-being and health
  • Hunting supplies
  • Money services
  • One-hour photo processing
  • Care for yourself
  • Pet supplies
  • Pharmacy
  • Temporary specialty items
  • Tobacco
  • Ammunition, weapons accessories and ammunition
  • Services wireless

Does Walmart Have Layaway

Can You Put Clearance Items On Layaway At Walmart 2022?

Clearance items can be put on layaway at Walmart as they are available in-store. Online Walmart clearance products are not eligible.

Does Walmart Have Layaway In 2022? (Your Complete Guide!)

Walmart offers more than its everyday products. It also stocks larger-ticket items like TVs, furniture, exercise equipment and other high-end goods.

  • But what if you can’t afford the total purchase price for an item at Walmart? Layaway plans are something you may be wondering about. This is what I wanted to know, so read on!
  • Does Walmart Have Layaway In 2022? (Your Complete Guide!)

    Does Walmart Have Layaway in 2022?

    Walmart has a layaway program that runs from August 28 to December 14 for purchase above $50. Affirm offers year-round installment payments through Affirm as of 2022. Affirm provides payment options that can be extended for up to 22,000 dollars. They offer payment terms ranging from three to 24 month, with a maximum of $2,000. Affirm also offers payment plans that range between three to 24 months for purchases up to $2,000.

  • For more details on Walmart Layaway including terms and limitations, products that are eligible for layaway and whether Walmart offers installment finance, continue reading!
  • Does Walmart Offer Layaway Payment Plans?

    Walmart offers in-store layaway payments plans. Walmart Layaway only works during holidays, between August 28 and December 14.

    Some Walmart locations still offer Layaway Payment Plans year round for Jewelry Purchases.

    So, to find out whether or not your local Walmart offers the service year-round, simply ask a Walmart jewelry associate or a store manager.

    Walmart may not provide a layaway option year round, but they offer installment financing options to help you break down your purchases using Affirm (see further).

    Does Walmart Have Layaway In 2022? (Your Complete Guide!)

    Walmart Layaway for All Orders Available

    Walmart Layaway only works for purchases in stores. Unfortunately, you cannot use Walmart Layaway for online purchases.

    You can however use Affirm’s installment plans to make online purchases.

    Walmart Layaway: What is the Work of Layaway?

    Walmart has a simple layaway process that only involves a handful of steps.

    After your in-store shopping is complete, bring your items to the Customer Service desk or designated Layaway counter to initiate a layaway plan.

    Walmart requests that you pay a 10% or $10 deposit to secure your order.

    After purchasing the item, you will be able to make layaway payment at any register within the Walmart location.

    Other things to know about Walmart Layaway are:

  • There is no charge for an opening deposit
  • For layaway eligibility, items have to cost less than $10
  • Maximum purchase amount must not be less than $50
  • Subscribe to email or SMS notifications for your payment transactions
  • Does Walmart Have Layaway In 2022? (Your Complete Guide!)

    Layaway at Walmart: What should you know?

    Of course, you should know a few things before using Walmart Layaway, including the terms, cancellation policy, age requirements, and return policy. Lets look at these in more details:

  • 1. Terms
  • Walmart Layaway commences on August 28, and finishes on December 14.

    Walmart requires that your last payment be made at the store where the item was purchased.

    This policy will apply to your account.

  • 2. Cancellation Policy
  • Your items can be returned to inventory once you have canceled your Walmart Layaway accounts.

    Also, your down payment and any payments made are refunded to you, minus a $10 cancellation fee.

    Additionally, cancellation fees vary from one state to the next, so be sure to read all the details before you put anything on layaway.

  • 3. Age Requirement
  • Walmart Layaway is available only to individuals who have attained the age of 18 for financing through Affirm.

    Minimum 18-years of age are required for both the person who pays and the one picking up the item.

  • 4. Return Policy
  • Walmart offers a 90-day guarantee of return on layaway or Affirm purchases.

    Walmart Layaway Rules Excluded?

    Walmart Layaway has certain exclusions. Some restrictions are:

  • Only in-store layaway arrangements can be made
  • Wireless phones exclusions
  • Not available on Thanksgiving
  • Additional restrictions will vary from store to store
  • Does Walmart Have Layaway In 2022? (Your Complete Guide!)

    Walmart Layaway: What can you put on it?

    Fortunately, you can put a wide array of products either on a Walmart Layaway plan or Affirm installment plan.

    Walmart Layaway is available for certain product types, such as:

  • Electronics without service plans
  • Toys
  • For small appliances
  • Furniture for Large Spaces
  • Auto Electronics
  • Sporting Goods (select articles)
  • Jewelry
  • Infant Toys
  • Infant Furniture
  • Additionally, you can check with your local Walmart for more details about the retail giant’s Holiday Layaway Plan.

    To locate the contact number for Walmart’s store in your area, type in your zipcode on’s store locator page.

    Afterward, you’ll notice all the relevant information about your Walmart store.

    Does Walmart Offer Installment Financing?

    A partnership with Affirm allows Walmart to offer installment financing any time of the year.

    You can get installment financing for online and in-store orders, with payment terms ranging between three to 24 month.

    Before you make an in-store purchase, apply for installment financing at Next, choose the payment plan you prefer and scan your unique barcode when you register.

    You can then make payments online using Affirm. To pay online for purchases, you can choose Affirm to be your payment method.

    Affirm has many benefits, including the following:

  • No late fees
  • Prepayments are not required
  • Annual fees not applicable
  • No hidden fees
  • Open or close an Affirm bank account without paying any additional fees
  • Clearly states the total amount of interest you’ll pay
  • It will show you exactly the terms of your mortgage
  • Does Walmart Have Layaway In 2022? (Your Complete Guide!)

    Is there a time limit to repay Walmart Loans?

    Customers have the option to finance their purchases for three to 24 months, depending on their total purchase.

    For example, customers have three, six, or 12 months to pay cart totals between $144-$799.99. You have 12-18, or 24 months to pay cart totals of between $800 and $2,000.

    What APR Does Walmart Charge?

    Walmart’s APR is often between 10-30% depending on the credit of customers. Walmart occasionally offers a zero percent APR.

    It doesn’t matter what, when you check out, the Affirm app displays your APR.

  • Check out our guides to save money on your next Walmart purchase.
  • Conclusion
  • Walmart has a Layaway Payment Program, however it is only available from August 28 through December 14. Walmart Layaway is available only for in store purchases.

    Moreover, Walmart offers installment financing through a partnership with Affirm, which you can use year-round and for online purchases.

    .Does Walmart Have Layaway In 2022? (Your Complete Guide!)

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